Company News »

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of The Bank of Kentucky Financial Corporation Stockholders

Business Wire
Share on StockTwits
Published on

Kirby McInerney LLP is investigating potential claims against The Bank of Kentucky Financial Corporation (“Bank of Kentucky” or the “Company”) (NASDAQ:BKYF) concerning the proposed acquisition of the Company by BB&T Corporation (“BB&T”) (NYSE:BBT) . Under the terms of the definitive agreement, Bank of Kentucky stockholders will receive $9.40 in cash and 1.0126 shares of BB&T common stock for each share of Bank of Kentucky common stock they own, valuing the deal at approximately $47.00 per share. The total transaction value is approximately $363 million.

The investigation concerns whether the Bank of Kentucky Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a Bank of Kentucky stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Share on StockTwits


Iron FX 1.11156/1.11128 2.8
XM Markets 1.09948/1.09928 2
FxPro 1.10184/1.10171 1.3
FXCM 1.13943/1.13912 3.1